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    Axis Human Capital Group Supports Ghana’s Continued Growth

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    Axis Human Capital Group Supports Ghana’s Continued Growth

    Created on Wed , 02/18/2015

    Ghana, Africa - Axis Human Capital, a recruitment group based in Africa, supports Ghana’s continued growth and development in its economy.

    According to the African Economic Outlook, the country remains positive with projected GDP growth of 8.3%. Moreover, Ghana’s government statistics added that the value of goods and services produced in the 3rd quarter of 2014 grew by 0.7% compared to the 2nd quarter of 2014.

    The growth drivers of 2014 are the following:

    • Livestock – 17.9%

    • Finance and Insurance Activities – 6.4%

    • Fishing – 6.4%

    • Electricity - 6.4%

    Africa’s growth and development increased by 5.1% in the 3rd quarter of 2014 compared to the review of data in 2013. The Industry sector recorded the highest growth of 8.1%, the Agriculture Sector followed with 4.4%, while Services recorded a growth rate of 3.5%.

    This may be the reason that Trading Economics data in 2014 states that in the three months to September, quarterly changes reflect an increase in employment and decrease in unemployment rate. Increases in employment were observed in both the formal and the informal sectors. Employment increased by 16,000 in the Agricultural industry. Compared to a year earlier, employment increased by 81,000.

    Just like in Jakarta, Indonesia, Kuala Lumpur in Malaysia and Hong Kong, which have now been reported to increase in their employment rate, this is largely due to increases in the formal and the informal sectors that grew by 134,000 and 85,000 jobs respectively in third quarter of 2014.

    Although Africa, as a whole, still remained to be recorded to have the highest unemployment rate in the world, Ghana’s development has triggered hope among its fellow African countries in the possibility of slow growth towards economic success. After all, the continent is home to a third of planet’s mineral reserves, a tenth of the oil and it produces two-thirds of the diamonds. Investors have believed that the continent is far richer in natural resources than any country is.

    Economists and researchers review Africa to be one of the fastest growing region in the world. With the promise of better education system, infrastructure development and sensible revolutionary reforms, Africa may lead a hope of a bright future ahead.

    For more info just check this out:

    Add new comment
    March 13, 2015
    Ghana is one of the countries that have developed over time. It is great that they have improved and have started to embrace industrialization. They have a lot more potential than other countries because of their mineral resources.
    March 16, 2015
    Is growth and development only measured in the creation of buildings and other infrastructures? Africa has not “developed”, as you say it, because they chose to embrace their culture and tradition instead of getting influenced by industrialization that overpowers everyone else. They never have complaints on what nature may give them because they are one with it.
    March 17, 2015
    I totally agree. Instead of counting buildings and establishments in Africa, why not count the countries that have totally been under siege of the new world? Should it not be a warning to everyone else that our planet is slowly being destroyed by these new technologies, all of us basing our everyday living and lifestyle through though these modern times?
    March 19, 2015
    African people learn ways only a few of us have. Still, they continue to expand. They have a slow growth because they chose to. Slowly and surely they develop without leaving their roots behind. They take extra caution to live under the extremes of nature, yet, struggle to survive in a fast evolving world.
    March 20, 2015
    Thank you for the information, Axis. Please continue to keep watch about our people’s growth. It keeps people like us updated.
    March 20, 2015
    I am African but now live in Kuala Lumpur. I have been educated and have grown here. I am one of the few yet, I will never forget my mother’s roots and the values every African woman teaches her family. I am proud of this growth and I always will.
    June 08, 2018
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